Listen Labs has walked away from a signed Series C funding agreement with Menlo Ventures to focus on negotiations with Salesforce, according to sources.
Source: TechCrunch
Listen Labs, an AI research startup, has terminated a Series C funding round that was already committed by venture capital firm Menlo Ventures. The move came as the company shifted its focus toward potential talks with Salesforce.
The decision to step back from the $1.5 billion funding agreement suggests the startup may be exploring a strategic acquisition or partnership with the enterprise software giant rather than continuing its independent fundraising path.
This report was prepared using information from TechCrunch. View original listing →
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